Rule of Law is Pivotal to Africa’s Prosperity, AfDB President Says
Africa’s true wealth lies its ability to govern natural resources transparently, outgoing AfDB President Dr. Akinwumi Adesina...
✨ Key Highlights
Dr. Akinwumi Adesina, outgoing President of the African Development Bank Group (AfDB), emphasized at the Law Society of Kenya’s 2025 Annual Conference that the rule of law is crucial for Africa's prosperity. He stated that transparent governance, fair contract enforcement, and justice for all citizens are vital, attracting foreign direct investments to countries with political stability and low corruption.
- Africa faces a $100 billion annual gap in foreign direct investment due to weak rule of law and "vulture fund" cases.
- Dr. Adesina highlighted the need for an independent judiciary and strong regulatory frameworks to build trust with foreign investors.
- He urged African nations to strengthen judicial independence and reform natural resource laws to ensure benefits reach communities and not just elites.
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Kenyan Courts Rule on Transgender Rights and Prenuptial Agreements; AfDB President Addresses Rule of Law - August 2025
An Eldoret Court has ruled that the constitutional rights of a transgender woman, Shieys Chepkosgei, were violated during her detention and medical examination at Eldoret Women’s Prison and Moi Teaching and Referral Hospital. In a separate legal development, Kenyan experts warned that courts will uphold prenuptial agreements, even if seemingly unfair, unless clear evidence of fraud or coercion is presented. The judiciary maintains a strict stance on enforcing these contracts and refuses to "rewrite bad bargains." Speaking at the Law Society of Kenya’s 2025 Annual Conference, African Development Bank Group President Dr. Akinwumi Adesina emphasized that the rule of law is crucial for Africa's prosperity. He stated that transparent governance and justice for all citizens are vital for attracting foreign direct investments.
